If the simple interest on a sum of money for 2 years at 5% per annum is Rs.50, what will be the compound interest on same values

1.  Rs.51.75

2.  Rs 51.50

3.  Rs 51.25

4.  Rs 51

View Answer  
4
Correct Answer :

Rs 51.25


Explanation :
No Explanation available for this question

What will be the difference between simple and compound interest @ 10% per annum on the sum of Rs 1000 after 4 years

1.  Rs 62.10

2.  Rs 63.10

3.  Rs 64.10

4.  Rs 65.10

View Answer  
4
Correct Answer :

Rs 64.10


Explanation :
No Explanation available for this question

The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Rs 1. Find the sum

1.  Rs 600

2.  Rs 625

3.  Rs 650

4.  Rs 675

View Answer  
4
Correct Answer :

Rs 625


Explanation :
No Explanation available for this question

On a sum of money, simple interest for 2 years is Rs 660 and compound interest is Rs 696.30, the rate of interest being the same in both cases.

1.  8%

2.  9%

3.  10%

4.  11%

View Answer  
4
Correct Answer :

11\%


Explanation :
No Explanation available for this question

Effective annual rate of interest corresponding to nominal rate of 6% per annum compounded half yearly will be

1.  6.09%

2.  6.10%

3.  6.12%

4.  6.14%

View Answer  
4
Correct Answer :

6.09\%


Explanation :
No Explanation available for this question

A sum of money invested at compound interest to Rs. 800 in 3 years and to Rs 840 in 4 years. The rate on interest per annum is.

1.  4%

2.  5%

3.  6%

4.  7%

View Answer  
4
Correct Answer :

5\%


Explanation :
No Explanation available for this question

Find the simple interest on Rs 7000 at 50/3 % for 9 months

1.  Rs. 1075

2.  Rs. 975

3.  Rs. 875

4.  Rs. 775

View Answer  
4
Correct Answer :

Rs. 875


Explanation :
No Explanation available for this question

Find the simple interest on the Rs. 2000 at 25/4% per annum for the period from 4th Feb 2005 to 18th April 2005

1.  Rs 25

2.  Rs 30

3.  Rs 35

4.  Rs 40

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4
Correct Answer :

Rs 25


Explanation :
No Explanation available for this question

Sachin borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends money to Rahul at 25/4% p.a. for 2 years. Find the gain of one year by Sachin.

1.  110.50

2.  111.50

3.  112.50

4.  113.50

View Answer  
4
Correct Answer :

112.50


Explanation :
No Explanation available for this question

If A lends Rs. 3500 to B at 10% p.a. and B lends the same sum to C at 11.5% p.a., then the gain of B (in Rs.) in a period of 3 years is

1.  Rs. 154.50

2.  Rs. 155.50

3.  Rs. 156.50

4.  Rs. 157.50

View Answer  
4
Correct Answer :

Rs. 157.50


Explanation :
No Explanation available for this question
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